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Side-by-side financial comparison of MSCI Inc. (MSCI) and Snap-on (SNA). Click either name above to swap in a different company.

Snap-on is the larger business by last-quarter revenue ($1.2B vs $822.5M, roughly 1.5× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 21.3%, a 13.3% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 2.7%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $254.6M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 2.0%).

MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.

Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.

MSCI vs SNA — Head-to-Head

Bigger by revenue
SNA
SNA
1.5× larger
SNA
$1.2B
$822.5M
MSCI
Growing faster (revenue YoY)
MSCI
MSCI
+7.9% gap
MSCI
10.6%
2.7%
SNA
Higher net margin
MSCI
MSCI
13.3% more per $
MSCI
34.6%
21.3%
SNA
More free cash flow
MSCI
MSCI
$234.1M more FCF
MSCI
$488.7M
$254.6M
SNA
Faster 2-yr revenue CAGR
MSCI
MSCI
Annualised
MSCI
10.0%
2.0%
SNA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MSCI
MSCI
SNA
SNA
Revenue
$822.5M
$1.2B
Net Profit
$284.7M
$260.7M
Gross Margin
Operating Margin
56.4%
27.8%
Net Margin
34.6%
21.3%
Revenue YoY
10.6%
2.7%
Net Profit YoY
-6.8%
1.0%
EPS (diluted)
$3.81
$4.94

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MSCI
MSCI
SNA
SNA
Q4 25
$822.5M
$1.2B
Q3 25
$793.4M
$1.2B
Q2 25
$772.7M
$1.2B
Q1 25
$745.8M
$1.1B
Q4 24
$743.5M
$1.2B
Q3 24
$724.7M
$1.1B
Q2 24
$707.9M
$1.2B
Q1 24
$680.0M
$1.2B
Net Profit
MSCI
MSCI
SNA
SNA
Q4 25
$284.7M
$260.7M
Q3 25
$325.4M
$265.4M
Q2 25
$303.6M
$250.3M
Q1 25
$288.6M
$240.5M
Q4 24
$305.5M
$258.1M
Q3 24
$280.9M
$251.1M
Q2 24
$266.8M
$271.2M
Q1 24
$256.0M
$263.5M
Operating Margin
MSCI
MSCI
SNA
SNA
Q4 25
56.4%
27.8%
Q3 25
56.4%
29.4%
Q2 25
55.0%
28.0%
Q1 25
50.6%
27.7%
Q4 24
54.5%
27.9%
Q3 24
55.4%
28.4%
Q2 24
54.0%
29.9%
Q1 24
49.9%
28.9%
Net Margin
MSCI
MSCI
SNA
SNA
Q4 25
34.6%
21.3%
Q3 25
41.0%
22.5%
Q2 25
39.3%
21.4%
Q1 25
38.7%
21.2%
Q4 24
41.1%
21.7%
Q3 24
38.8%
22.0%
Q2 24
37.7%
23.1%
Q1 24
37.6%
22.4%
EPS (diluted)
MSCI
MSCI
SNA
SNA
Q4 25
$3.81
$4.94
Q3 25
$4.25
$5.02
Q2 25
$3.92
$4.72
Q1 25
$3.71
$4.51
Q4 24
$3.89
$4.83
Q3 24
$3.57
$4.70
Q2 24
$3.37
$5.07
Q1 24
$3.22
$4.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MSCI
MSCI
SNA
SNA
Cash + ST InvestmentsLiquidity on hand
$515.3M
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$-2.7B
Total Assets
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSCI
MSCI
SNA
SNA
Q4 25
$515.3M
Q3 25
$400.1M
$1.5B
Q2 25
$347.3M
$1.5B
Q1 25
$360.7M
$1.4B
Q4 24
$409.4M
$1.4B
Q3 24
$501.0M
$1.3B
Q2 24
$451.4M
$1.2B
Q1 24
$519.3M
$1.1B
Total Debt
MSCI
MSCI
SNA
SNA
Q4 25
$6.2B
Q3 25
$5.5B
$1.2B
Q2 25
$4.5B
$1.2B
Q1 25
$4.5B
Q4 24
$4.5B
$1.2B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
MSCI
MSCI
SNA
SNA
Q4 25
$-2.7B
Q3 25
$-1.9B
$5.8B
Q2 25
$-886.2M
$5.7B
Q1 25
$-958.6M
$5.5B
Q4 24
$-940.0M
$5.4B
Q3 24
$-751.0M
$5.5B
Q2 24
$-734.5M
$5.3B
Q1 24
$-650.5M
$5.1B
Total Assets
MSCI
MSCI
SNA
SNA
Q4 25
$5.7B
Q3 25
$5.4B
$8.4B
Q2 25
$5.4B
$8.2B
Q1 25
$5.3B
$8.1B
Q4 24
$5.4B
$7.9B
Q3 24
$5.4B
$8.0B
Q2 24
$5.5B
$7.8B
Q1 24
$5.5B
$7.7B
Debt / Equity
MSCI
MSCI
SNA
SNA
Q4 25
Q3 25
0.21×
Q2 25
0.21×
Q1 25
Q4 24
0.22×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MSCI
MSCI
SNA
SNA
Operating Cash FlowLast quarter
$501.1M
$268.1M
Free Cash FlowOCF − Capex
$488.7M
$254.6M
FCF MarginFCF / Revenue
59.4%
20.8%
Capex IntensityCapex / Revenue
1.5%
1.1%
Cash ConversionOCF / Net Profit
1.76×
1.03×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSCI
MSCI
SNA
SNA
Q4 25
$501.1M
$268.1M
Q3 25
$449.4M
$277.9M
Q2 25
$336.1M
$237.2M
Q1 25
$301.7M
$298.5M
Q4 24
$430.6M
$293.5M
Q3 24
$421.6M
$274.2M
Q2 24
$349.2M
$301.1M
Q1 24
$300.1M
$348.7M
Free Cash Flow
MSCI
MSCI
SNA
SNA
Q4 25
$488.7M
$254.6M
Q3 25
$445.5M
$258.0M
Q2 25
$324.7M
$217.5M
Q1 25
$290.2M
$275.6M
Q4 24
$416.4M
$275.4M
Q3 24
$415.0M
$253.8M
Q2 24
$340.6M
$277.9M
Q1 24
$295.9M
$326.9M
FCF Margin
MSCI
MSCI
SNA
SNA
Q4 25
59.4%
20.8%
Q3 25
56.2%
21.8%
Q2 25
42.0%
18.6%
Q1 25
38.9%
24.3%
Q4 24
56.0%
23.1%
Q3 24
57.3%
22.3%
Q2 24
48.1%
23.7%
Q1 24
43.5%
27.8%
Capex Intensity
MSCI
MSCI
SNA
SNA
Q4 25
1.5%
1.1%
Q3 25
0.5%
1.7%
Q2 25
1.5%
1.7%
Q1 25
1.5%
2.0%
Q4 24
1.9%
1.5%
Q3 24
0.9%
1.8%
Q2 24
1.2%
2.0%
Q1 24
0.6%
1.9%
Cash Conversion
MSCI
MSCI
SNA
SNA
Q4 25
1.76×
1.03×
Q3 25
1.38×
1.05×
Q2 25
1.11×
0.95×
Q1 25
1.05×
1.24×
Q4 24
1.41×
1.14×
Q3 24
1.50×
1.09×
Q2 24
1.31×
1.11×
Q1 24
1.17×
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MSCI
MSCI

Recurring Subscriptions$246.4M30%
Asset Based Fees$211.7M26%
Analytics Segment$182.3M22%
Sustainability And Climate Segment$90.3M11%
Other$70.9M9%
Non Recurring$21.1M3%

SNA
SNA

Segment breakdown not available.

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